Europe

Central Europe’s Mortgage Mortification Moral

Central European currencies and stock markets reeled with the Swiss National Bank’s surrender of the multi-year euro-franc ceiling reviving mortgage ...

Georgia’s Invasion Pretext Preamble

Frontier bond investors marked the first anniversary of Russia’s fight with Ukraine by recalling the fate of Georgia now a ...

The Eurasia Union’s Loutish Launch

Russia reversed runaway ruble depreciation with improvised emergency measures at year-end as the Eurasian Economic Union went into effect with ...

Hungary’s Recanted Mass Conversion

Hungarian shares were off 25 percent for the worst Central Europe MSCI result as ratings agencies reaffirmed the BB+ sovereign ...

Ukraine’s Frantic Foreign Fund Manager Mandate

Ukraine external bond yields stayed at 20 percent for the second greatest EMBI loss as the President and Prime Minister ...

Turkey’s Explorer Spirit Rediscovery

Turkish shares continued to lead Europe with a 15 percent spurt as the Istanbul exchange will soon go public and ...

Cyprus’ Foreclosed Recovery Chances

Cyprus bond prices firmed after proposed foreclosure laws still favorable to borrowers to handle the 75 percent bad construction loan ...

The Balkans’ Fumbled Fund Football

Balkan stocks languished in negative MSCI territory with complications in EU and IMF aid programs aggravated by political repositioning as ...

Russia’s Depleted Energy Entanglements

Russian shares were down 25 percent despite P/E ratios toward 5 as lower oil prices and currency intervention dented the ...

Greece’s Peripheral Center Stage Worry

Greek stocks were at the MSCI bottom with a 30 percent loss and bond yields retraced to 8 percent on ...

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